Unfortunately, the process is often complicated and it also leaves businesses in the United States in a cash crunch.
U.S. sellers need international financing options that allow small and mid-sized companies the ability to compete with large international organizations. In addition to accounts receivable factoring, 1st Commercial Credit can assist your company with all the related supply chain finance solutions. Services include trade payable finance, purchase order finance and short term loans.
When an international accounts receivable factoring service is ideal, we understand that all companies need cash flow to survive and grow, not just large businesses with established credit histories. Our company is willing to take the risk on new and small businesses because your funding is collateralized by the accounts receivable your company has as an asset.
An Export Trade Factoring arrangement is the best choice for:
Our international factoring services provides financing to customers in every major financial market in the world, having affiliates worldwide to complete the transaction.
Transacting in foreign currency is complicated enough without the added burden of complicated lending terms. At 1st Commercial Credit, our borrowing decision is based primarily on the past payment history of your customers. This flexible form of international trade financing can be approved in as little as one business day. The buyers have to be credit approved and have good financial standing.
Stop waiting 30-90 days for your customers to pay their invoices. Factor with 1st Commercial Credit and receive the working capital your business needs to grow.